Funding you earn now, next payment 04:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h −0.029%
Price spread now: KuCoin against BingX+0.225%7-day average −0.115% · you sell dearer than you buy
Net, funding: paid 7d − costs−$489as in the Funding arb table
Net, price: spread back to 7d avg − costs−$452as in the Price arb table
costs, in and out, $10k−$4864.859% of the position
Funding, last 7 days−0.029%−$3 on $10k
+Price spread, last 4 days (all we have)−0.288%−$29 · spread now +0.225%, 7d avg −0.115%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and KuCoin is 0.340% dearer against BingX than usual: you sell high and buy low: +$34 more if the spread goes back to its 7-day average of −0.115%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX FORM-USDT | 0.3563 | 0.0070 | pay 0.0035% / 4h | 2h 06m | — | $3.7M | — |
| Short | KuCoin FORMUSDTM | 0.3571 | 0.0100 | get 0.0050% / 4h | 2h 06m | $436K | $1.1M | 30x |
BingX FORM-USDT
KuCoin FORMUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $6.3
- Price spread: +0.225% → −0.115%
- $33.99
- Slippage, 4 orders
- −$463.9
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$445.61
- Costs to cover
- 4.859%
- Break-even
- 502.1 days
Slippage from BingX: live order book, 14 min ago; KuCoin: live order book, 4 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 14 min ago | 5.58 bp | 23.0 bp −$23 | 73.1 bp −$731 | 412.4 bp −$41.2K | 997.1 bp −$498.6K |
| Sell KuCoin live order book, 4 min ago | 30.86 bp | 198.4 bp −$198 | doesn't fit | doesn't fit | doesn't fit |
FORM on 9 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) FORM/USD | L −0.0007% / S +0.0008% | 1h | 0.3558 | −0.135% | — | — | — | as long as short |
| BingX FORM-USDTlong | +0.0070% | 4h | 0.3563 | long leg | — | $3.7M | — | |
| Aster FORMUSDT | +0.0100% | 4h | 0.3567 | +0.100% | $45K | $789K | 5x | as long as short |
| Binance FORMUSDT | +0.0100% | 4h | 0.3571 | +0.234% | $19.1M | $152.2M | 50x | as long as short |
| Gate FORM_USDT | +0.0100% | 4h | 0.3559 | −0.112% | $777K | $4.4M | 50x | as long as short |
| MEXC FORM_USDT | +0.0100% | 4h | 0.3564 | +0.028% | $1.8M | $9.0M | 100x | as long as short |
| KuCoin FORMUSDTMshort | +0.0100% | 4h | 0.3571 | +0.225% | $436K | $1.1M | 30x | |
| Bitget FORMUSDT | +0.0100% | 4h | 0.3560 | −0.084% | $1.2M | $9.0M | 50x | as long as short |
| Bybit FORMUSDT | +0.0386% | 4h | 0.3578 | +0.410% | $2.3M | $12.5M | 20x | as long as short |
gTrade (Gains Network) FORM/USD
Aster FORMUSDT
Binance FORMUSDT
Gate FORM_USDT
MEXC FORM_USDT
Bitget FORMUSDT
Bybit FORMUSDT